There is a sizable tax credit for low- and moderate-income families, but the IRS estimates a fifth of eligible taxpayers fail ...

IRS processed 15.8% fewer income tax returns in the first week of the 2025 tax season than it did a year ago. Why? What does that mean for refunds?

As tax season kicks off, millions of Americans are preparing to file their returns. With the IRS accepting submissions from ...

IRS-certified accounting students from the School of Management will once again provide free tax preparation services to individuals and families with annual income of $67,000 or less.

How do federal tax credits work? Tax credits directly subtract money from the federal income taxes that you owe, meaning each ...

The child tax credit provides big benefits for families with children, but you may have to wait a bit longer for your tax ...

IRS rules say that interest earned on bank accounts is taxable income. If you earned a bonus when opening a new account, you ...

Getting a head start on your tax return will hasten your refund if you're getting one. Filing early is also a way to guard against tax-refund fraud, which occurs when a scammer gains access to your ...

The EITC is designed to help low to moderate-income workers by reducing their tax liability and often increasing their ...

As the 2025 tax season begins, understanding the Earned Income Tax Credit (EITC) can significantly enhance your financial ...

The Illinois Earned Income Tax Credit (EITC) is a benefit for working people with low to moderate income. To claim an Illinois EITC for tax year 2024 (tax returns due in 2025), taxpayers must file an ...

The earned income tax credit and additional child tax credit are “refundable,” meaning filers can claim a refund without tax ...